Taking the pulse of global trade policy
How much has trade policy changed globally? This column introduces the Trade Policy Activity Index, a monthly measure of policy changes across 197 economies since
Understanding the impact of private equity on employees
The growth of the private equity in recent years has raised concerns about its consequences. This column matches 2.5 million workers who were employed by
Micro and macro cost-price dynamics in normal times and during inflation surges
Recent evolutions in US attitudes and policies have raised questions about the future of the dollar’s role in the global economy. This column explores a
A world with no safe assets
Recent evolutions in US attitudes and policies have raised questions about the future of the dollar’s role in the global economy. This column explores a
Managing credit in dollarised economies: The effective but asymmetric effects of foreign currency reserve requirements
Emerging markets with partially dollarised financial systems are particularly vulnerable to global financial cycles. This column examines how reserve requirements on foreign currency deposits can
